Brandon Louis Brown Sr. - Mar 12, 2025 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Role
SVP, Chief Accounting Officer
Signature
/s/ Gaye Wilkerson, Power of Attorney for Brandon Louis Brown, Sr.
Stock symbol
SD
Transactions as of
Mar 12, 2025
Transactions value $
-$14,939
Form type
4
Date filed
3/17/2025, 08:20 PM
Previous filing
Nov 18, 2024
Next filing
Apr 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Award $0 +2.64K +28.31% $0.00 12K Mar 12, 2025 Direct F1
transaction SD Common Stock Tax liability -$9.09K -784 -6.55% $11.60 11.2K Mar 12, 2025 Direct
transaction SD Common Stock Options Exercise $0 +1K +8.94% $0.00 12.2K Mar 13, 2025 Direct
transaction SD Common Stock Tax liability -$3.33K -297 -2.44% $11.22 11.9K Mar 13, 2025 Direct
transaction SD Common Stock Options Exercise $0 +740 +6.22% $0.00 12.6K Mar 15, 2025 Direct
transaction SD Common Stock Tax liability -$2.51K -220 -1.74% $11.42 12.4K Mar 15, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SD Restricted Stock Unit Options Exercise $0 +7.67K $0.00 7.67K Mar 12, 2025 Common Stock 7.67K Direct F2, F3
transaction SD Restricted Stock Unit Options Exercise $0 -1K -25% $0.00 3K Mar 13, 2025 Common Stock 1K Direct F2, F4
transaction SD Restricted Stock Unit Options Exercise $0 -740 -100% $0.00 0 Mar 15, 2025 Common Stock 740 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting and settlement of Performance Share Units granted by the issuer on May 17, 2024, under issuer's 2016 Omnibus Incentive Plan, as amended.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.
F4 Restricted units granted to the reporting person will vest over four years in four increments: (i) 25% on the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024, (ii) 25% on September 1, 2025, and (iii) 25% on September 1 for each one-year anniversary thereafter.